Information Communication and Technology Reports IoT Analytics Industry Research Report | Page 2

The manufacturing industry vertical is expected to have the largest market share and lead the market during the forecast period. IoT Analytics can be exploited by manufacturers to create smarter products; connect and integrate with customers; streamline innovations, planning, and pre-manufacturing processes; and improve post- manufacturing support and services. Large enterprises are expected to dominate the market in terms of market share because they have various operating units, and IoT Analytics helps integrate the real-time and historical data obtained from these units to generate insights from it. However, Small and Medium-sized Enterprises (SMEs) are expected to exhibit a higher CAGR, owing to easy availability and scalability of cloud-based deployments. The descriptive analytics type is expected to grow at the highest CAGR, due to the increasing adoption of digital technologies and the use of descriptive analytics for analyzing past data and gaining insights to improve efficiencies in strategic sourcing. Browse Complete Press Release @ https://www.marketsandmarkets.com/PressReleases/iot-analytics.asp About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: [email protected] Visit Our Website: https://www.marketsandmarkets.com